Banknote News

Breaking news about international paper & polymer money

Canada unveils new 10-dollar note (B379) to be introduced late 2018

On 8 March 2018, International Women’s Day, the Bank of Canada unveiled the design of a new 10-dollar polymer note featuring Viola Desmond, a successful black Nova Scotian businesswoman who challenged racial segregation in 1946. The note is the first regular issue Canadian note to feature an iconic woman, and the first vertically oriented design.With the issuance of this new 10-dollar note, the Bank of Canada’s approach to issuing bank notes is changing. Rather than issuing all five denominations within a short time frame, a new note will be issued every few years, allowing the integration of the latest security features each time a new note is issued. The next 5-dollar note will also feature a new iconic portrait subject and supporting imagery. Canada’s first Prime Minister, Sir John A. Macdonald, and first francophone Prime Minister, Sir Wilfrid Laurier, will be honored on higher value banknotes when they are redesigned. These changes mean that former prime ministers William Lyon Mackenzie King and Sir Robert Borden will no longer be portrayed on banknotes. The 20-dollar denomination will continue to feature the reigning monarch.